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Launched on 30th Aug 2023, Share.Market is a brand of PhonePe Wealth Broking.
It is an online investment & trading platform accessible both as a mobile app and through a website, offering users a seamless experience for managing their investments.
The platform caters to investors and traders of all experience levels and offers a wide range of products such as stocks, ETFs, F&O, IPOs, WealthBaskets and more.
As of now, there are no brokerage charges for trading with Share.Market, which means you don't have to pay brokerage fees. In addition, opening a demat account with Share.Market is free.
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 0 (free) |
| Trading Annual Maintenance Charges AMC | Rs 0 (Free) |
| Demat Account Opening Charges (One Time) | Rs 0 (free) |
| Demat Account Annual Maintenance Charges AMC | Rs 180 (free for 1st year) |
Customer pays a commission (brokerage) when buying or selling stocks through Share.Market. The brokerage charges for equity, commodities and currency derivative trading for Share.Market are explained as below.
| Segment | Brokerage Fee |
|---|---|
| Equity Delivery | Rs 0 (Free) |
| Equity Intraday | Rs 0 (Free) |
| Equity Futures | Rs 0 (Free) |
| Equity Options | Rs 0 (Free) |
| Segment | Brokerage Fee |
|---|---|
| Equity Delivery | Rs 20 per executed order or 0.05% whichever is low |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order |
The Demat account transactions are charged separately from the trading commission. Find Share.Market Demat account charges 2026.
Share.Market Demat Charges
Share.Market trading and demat account opening fees are Rs 0 (free). Share.Market charges Rs 180 (free for 1st year) per year demat account AMC. Share.Market demat debit transaction fee of Market Trades: Rs 13.50 per instruction per ISIN Off Market Trades: 0.04% or Rs 50 whichever is higher per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 0 (free) |
| 2 | Transaction Charges (Buy) | Market Trades: Rs 13.50 per instruction per ISIN Off Market Trades: 0.04% or Rs 50 whichever is higher |
| 3 | Annual Maintenance Charges (AMC) | Rs 180 (Free for 1st year) |
| 4 | Demat + Courier charges | Rs 150 per certificate (+ Rs 100 Courier charges) |
| 5 | Remat | Rs 150 per certificate (+ Rs 100 Courier charges) |
| 6 | Pledge Creation | Rs 20 per request |
| 7 | Pledge Creation Confirmation | Rs 0 |
| 8 | Pledge Invocation | Rs 20 per request |
| 9 | Failed Transactions | Rs 50 per ISIN |
| 10 | Other Charges | Periodic Statement by Email: Free Non-Periodic Statement by Email: Rs 50 per request Physical Periodic Statement: Rs 100 per request Non-periodic physical Statement Rs 100 per request upto 10 pages, Rs 5 per additional page |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Futures | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 |
| Equity Options | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) |
| Currency Future | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) |
| Currency Option | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Share.Market charges government taxes and fees in addition to the brokerage. These Share.Market trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Share.Market tax calculation.
| Tax Share.Market | Rates |
|---|---|
| |
18% on (Brokerage + Transaction Charge + SEBI Fee) | |
0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) | |
(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
Information on this page was last updated on Monday, October 7, 2024
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